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India to grow at 7.5% in FY17, faster than China: IMF

Industry Economy

According to IMF’s latest World Economic Outlook Update, Indian economy is expected to grow faster than other major emerging economies, projecting a growth rate of 7.5 per cent for India in 2016 as against China's 6.3 per cent. The report further said that the India’s inflation is expected to decline further in 2015, reflecting the fall in global oil and agricultural commodity prices.

Extracted from BS, Oct 06,’15

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